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Thordon Tailshaft Bearings Selected for SUMED Pipeline Service Boats

Thordon Tailshaft Bearings Selected for SUMED Pipeline Service Boats

By The Maritime Executive
June 27, 2023
[By: Thordon Bearings Inc.] Egypt’s SUMED pipeline operator Arab Petroleum Pipeline Company (SUMED) has completed the tailshaft conversion to Thordon’s SXL seawater-lubricated bearing system for se...
MacGregor Received a Large Access Equipment Order for a Cruise Vessel

MacGregor Received a Large Access Equipment Order for a Cruise Vessel

By The Maritime Executive
June 27, 2023
[By: MacGregor] MacGregor, part of Cargotec, has received a large order for a comprehensive package of access equipment for a cruise vessel, which will be built at Chantiers de l’Atlantique shipyar...
Two New Partnerships Show Promise of Hydrogen Power in Europe

Two New Partnerships Show Promise of Hydrogen Power in Europe

By The Maritime Executive
June 26, 2023
Two newly-announced projects add to a growing list of hydrogen-propulsion partnerships in Northern Europe. In Boden, Sweden and Duisburg, Germany, H2 suppliers and shipping companies have announced ad...
Liberia, Bangladesh Provide Final Signatures to Bring HKC Into Force

Liberia, Bangladesh Provide Final Signatures to Bring HKC Into Force

By The Maritime Executive
June 26, 2023
On Monday, the nations of Bangladesh and Liberia ratified the Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships, fulfilling the criteria for the treaty's entry into force....
Maritime Executive

Report: Floating Offshore Wind Faces Delays in Rollout

By The Maritime Executive
June 26, 2023
The floating offshore wind revolution will not be coming quite as fast as expected, according to a new market outlook released by analysts TGS-4C Offshore.  A year ago, TGS-4C predicted that there...
Lamar Center for Port Management: Empowering Maritime Excellence

Lamar Center for Port Management: Empowering Maritime Excellence

By Lamar University Center for Advances in Port Management
June 26, 2023
The Lamar University Center for Advances in Port Management is a leading institution dedicated to advancing the field of port management and fostering maritime excellence. Situated in Beaumont, Texas,...
Macquarie Sells Ceres Terminals to Owner of SSA Marine

Macquarie Sells Ceres Terminals to Owner of SSA Marine

By The Maritime Executive
June 26, 2023
The consolidation of terminal operators continues with news that Australia’s asset management firm Macquarie Asset Management has reached terms for the sale of Ceres Terminals, an operator of 18 locat...
Braemar's Stock Plunges 20 Percent Over Inquiry Into Past Finances

Braemar's Stock Plunges 20 Percent Over Inquiry Into Past Finances

By The Maritime Executive
June 26, 2023
Top-tier shipbroker Braemar finds itself in an unusual position: FY2023 may have been the most profitable year in its history, but just ahead of its annual report filing, its board has launched an acc...
Carnival Beats Projections as Cruise Recovery Reaches Inflection Point

Carnival Beats Projections as Cruise Recovery Reaches Inflection Point

By The Maritime Executive
June 26, 2023
Carnival Corporation reported second quarter results exceeding its prior guidance and marking what management is calling an “inflection point” for the industry as they pass the peaks of 2019 before th...
Maritime Executive

Wind, Slow Steaming, and Fuels Could Half Ships' GHG Emissions by 2030

By The Maritime Executive
June 26, 2023
Shipping has the technical potential with the tools available today to cut its greenhouse gas emissions anywhere between a quarter to a half by 2030 according to a new independent report conducted by...

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